Türkiye: House sales jump 107.5% in May

İstanbul had the highest share with 18.0% and 22 thousand 148 house sales. The followers of İstanbul were Ankara with 11 thousand 497 house sales and İzmir with 7 thousand 159 house sales with the share of 9.4% and 5.8% respectively.

The provinces with the lowest number of sales were Hakkari with 21, Ardahan with 43 and Bayburt with 75 house sales.

Houses sales increased by 37.7% in January-May 2022

In January-May period, house sales increased by 37.7% compared to the same period of the previous year and became 575 thousand 889.

Mortgaged house sales became 29 thousand 335

In Türkiye, mortgaged house sales increased by 177.8% in May compared to the same month of the previous year and became 29 thousand 335. Mortgaged house sales had 23.9% share of all house sales. In January-May period, mortgaged house sales increased by 72.3% compared to the same period of the previous year and became 129 thousand 707.

6 thousand 161 of mortgaged house sales in May and 31 thousand 885 of mortgaged house sales in January-May period were first hand sales.

Other house sales became 93 thousand 443

In Türkiye, other house sales increased by 92.2% in May compared to the same month of the previous year and became 93 thousand 443. Other house sales had 76.1% share of all house sales. In January-May period, other house sales increased by 30.2% compared to the same period of the previous year and became 446 thousand 182.

32 thousand 861 houses were sold for the first time

In Türkiye, first time house sales increased by 80.5% in May compared to the same month of the previous year and became 32 thousand 861. First time sales had 26.8% share of all house sales in Türkiye. In January-May period, first time house sales increased by 28.1% compared to the same period of the previous year and became 163 thousand 719.

Second hand house sales became 89 thousand 907

In Türkiye, second hand house sales increased by 119.5% in May compared to the same month of the previous year and became 89 thousand 907. Second hand sales had 73.2% share of all house sales in Türkiye. In January-May period, second hand house sales increased by 42.0% compared to the same period of the previous year and became 412 thousand 170.

In May, 5 thousand 962 houses were sold to foreigners

House sales to foreigners increased by 235.7% in May compared to the same month of the previous year and became 5 thousand 962. House sales to foreigners had 4.9% share of all house sales in May. İstanbul ranked first with 2 thousand 451 sales to foreigners. The followers of İstanbul were Antalya with a thousand 885 house sales and Mersin with 264 house sales to foreigners.

In January-May period, house sales to foreigners increased by 70.0% compared to the same period of the previous year and became 26 thousand 753.

House sales were mostly made to Russia citizens according to nationalities

In May, Russia citizens bought a thousand 275 houses from Türkiye. The followers of Russia citizens were Iran citizens with 736 house sales and Iraq citizens with 617 house sales. (ILKHA)